The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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Tom, don't hesitate any longer; seize control of your dire circumstances and make a change, get out. Alternatively, man up, confront the situation head-on, average down and refrain from perpetuating misogyny to deflect your responsibility as a poor investor, and silence the negativities to boot.
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Attention, new investors: Be wary of WimbledonTom's motives, aimed at impeding ITV's advancement. His persistent attacks on the CEO, are his primary tactic. He frequently adopts alternate pseudonyms. Those who recently sold their shares because they were influenced by his nonsense are no doubt regretting it. ITV
ITV spin? Still only the 5th largest streaming platform in the UK. Way behind where they once were as biggest broadcaster. Does their free to air model future stand any chance with falling as revenue? Dwindling advertising revenue and yet they pay Louis Walsh somewhere close to a million for Celebrity Big Brother. Who signs off on this nonsense.
Anyway Winnie as you well know, the big institutional investors forced the CEO, Dame Carolyn McCall to take a big reduction to her remuneration. No longer 3.5million. They expressed disquiet that her rewards were not linked to share performance.
That to me says there is discontent amongst the majority owners. Any kind of measure or notice could get put to the Board between now and the AGM. The smart investors would be pushing for change at a company where the CEO has wiped 7 billion from the valuation of the company.
Vote McCall OUT 2024.
Thanks, good find - great press release!
Looks like ITVs Q1 2024 exceeded expectations.
And, she won't be going anywhere because she's well respected in the industry, after making the necessary changes, and is turning the ship around!
https://www.itv.com/presscentre/media-releases/itvx-has-record-quarter
https://www.marketingweek.com/itv-marketing-influence-reboot/
“ ITV has commissioned a brand-new gameshow from the producers of Big Brother.
Already successful in seven countries, 99 to Beat is a gameshow that anyone can win, but there's a catch.”
https://www.digitalspy.com/tv/a60392611/itv-new-gameshow-99-to-beat/
@LondonWatcher - Didn’t you notice that article is 5 years old (October 2019)? :)
ITV Studios Shake-Up: Viacom Hires Maria Kyriacou for Top Europe Post, John de Mol Departs
Viacom International Media Networks has hired Maria Kyriacou as president of Vimn U.K., Northern and Eastern Europe, giving her oversight of all the company's media networks and related businesses in 33 European countries, including Britain's Channel 5.
Kyriacou, who has most recently served as president of international for ITV Studios, will report to David Lynn, president and CEO of Vimn.
ITV Studios, meanwhile, unveiled a reorganization, with The Voice and Big Brother creator John de Mol exiting.
"Maria has led the international expansion of ITV’s studios business, and her track record of growing international revenues from production,...
https://www.imdb.com/news/ni62635497/?ref_=nws_nwr_li
Calculated As At Last RNS Dated : 05-Apr-2024
Available Funds : £235,000,000
Total Number Of Shares Repurchased : 19,871,078
Average Price Paid (p) : 71.94
Total Value Of Shares Repurchased (Using Average) : £14,294,663
Remaining Funds : £220,705,337
Remaining Funds As % Of Available Funds : 93.9%
Used Funds / % Of Buyback Completed : 6.1%
Original Voting Rights Before Buyback : 4,052,409,194
Current Voting Rights : 4,032,538,116
Current Reduction In Voting Rights : -0.49%
* Estimated Total Number Of Shares Repurchased At Completion : 326,674,600
* Estimated Voting Rights At Completion : 3,725,734,594
* Estimated Reduction In Voting Rights At Completion : -8.1%
* Based on remaining funds and current average price paid, will vary as buyback progresses
** Estimated Completion Date Assuming Current Velocity : 16-Mar-2025
** Based on current average shares repurchased per day, will vary as buyback progresses
2% drop in a day despite buybacks. I blame the warmongering troll Pogo.
Wow THG went off the side of a cliff during covid and has never recovered. I am still so happy I went with Shell during covid for a recovery share and made 2.5x my money on the shares bought at £10 lows. Just need ITV to go back to pre Mccall/ITVX fiasco share price of 120.
What do I know I am just wishing as normal.
THG was listed first as the Hut group with Matt Moulding at about £6.00 but for the last year traded from 55p- 80p odd and greatly under valued, but again just my view. Bought and sold a few times over the last year and made money each time so just looking to do the same again. But knowing my luck it will probably go down now to 50p.
THG I know very little about but that 60p price looks good on the graph.
You think 78 is achievable before ex divi? I think 76 might have been the high yesterday and price may fall back to 70p after ex divi and then the buybacks will increase as the general market tries to pressure the price back below 70p.
Morning tom, I sold the chunk of shares I bought last week for a little more profit to finish off 23/23 tax allowance. I will also sell another chunk on 10th if the SP hits 79p-80p and buy back in after Divi fall on the 12th /13th if it's down to 72p ish.
Also bought back in to THG after the fall yesterday and looking to make another 5p-8p for a quick turn round on those.
It's all a game.
One week to ex divi day. Weighing up different strategies. Going all in. Selling half with the idea of buying back on the day at maybe 5% less. Selling and taking the profit now before we go into six months of stagnation where nothing happens and the share price slowly declines.
What would Jed do?
I wrote my predictions about price after divi (any drop dependence shares price on the end of 11/04) and a possible drop after this date in the TWO maybe three working days.
I am not said that I am selling.
Please to remember:
Russian trolls will stay always just the trolls.
Everyone need to take own decision, as it feel and as the risk which is accepted
I have long term point of view on the ITV. Nothing changed. Easy to find in my comments. I always write the true and what I really think, according to the principle "better shut up than lie". This is my life rule, one from the lots. I am keeping my short term invest plan for yourself, which should be understandable to everyone,. In this matter don't worry I will said about it after facts.
I have up to 250k ITV shares on my both accounts.
I don't invest money on someone else's account. It is too stressful, limits investment options and, above all, requires specific qualifications and licenses.
All the best for everyone real ITV shareholders
Over 75. Quite an achievement. Congratulations to all the long term holders and ignore the newcomer Pogo who is only here for short term gain
It is a sorry state of affairs and will only get worse with Labour where middle incomes are squeezed by taxes that super rich never pay.
On the bright side we have record levels of immigration to pay tax and not 300million pensioners like China has.
Hi AndAnother, yes it's terrible and the worst I have ever seen. My guess is lots of people just will not bother to keep trading if they have to keep doing tax returns and this will hit the markets this year, but what do I know.
Jed,
These latest tory stealth taxes (on dividends and CGT) do complicate things. I'm in the process of selling off holdings in funds and shares accounts rather than see the fruits (dividends) of my hard work going into the trough.
If you wish to raise a question before the AGM please email it to groupsecretariat@itv.com no later than 5.00 p.m. on Thursday, 25 April 2024.
https://www.itvplc.com/investors/shareholder-information/agm
Yeah its a tricky one. I've managed to recoup to breakeven level on my second investment and I'd be extremely annoyed with myself if I got greedy expecting more out of it only to see it drop.
I'm still heavily underwater with my initial investment however and would need a miracle to recoup those losses.
The trouble now is , if you don't hold all/many shares in an ISA we will only get £500 tax free divi allowance in 24/25 tax year, so is it worth getting more than that because I for one don't want to get involved in all those tax returns etc.
Just make the £3,000 CGT allowance.
Hi omalley123, I guess we are all thinking that. We have today and tomorrow to sell and any profit can go to this years tax allowance but if you don't sell now then we can sell up to say the 10th April if the SP hits 78-80p and then buy back when I think it will drop to 72p-73p again. All a big guess.
Is it sensible to sell now, miss the divi then buy back in on the drop ? Can't make my mind up. Or am I missing something ?
I predict an intersession drop in the share price of 5-8% in the next two sessions after the right to dividend is granted. Then... What are your predictions?